KOSDAQ-listed Sena Technologies(061090) said on the 13th that, based on its preliminary results for the second quarter this year, it posted the highest-ever quarterly sales and operating profit.
Sena Technologies recorded about 75.5 billion won in sales and about 18.0 billion won in operating profit on a consolidation basis in the second quarter. Those figures rose 40% and 128%, respectively, from a year earlier.
Sena Technologies' cumulative sales for the first half of the year came to about 119.3 billion won, with cumulative operating profit of about 21.8 billion won.
The second-quarter gross margin and operating margin were 51% and 24%, respectively. In particular, the gross margin set a record high in the first quarter for the past five years and grew by 3.6 percentage points in just one quarter.
Net profit jumped about 127% from a year earlier to about 14.8 billion won. The net margin reached about 20%.
The company said, "We delivered an earnings surprise even as the global headcount increased by more than 80 from a year earlier and global marketing expense climbed 205% from the previous year."
By item, flagship and new product lines using Sena Technologies' mesh networking technology drove growth. The flagship business, the motorcycle segment, recorded sales of about 64.2 billion won, up about 40% from a year earlier. Of that, the team communication product line for motorcycles rose about 40% from a year earlier, and the smart helmet product line surged about 75%.
The mesh communication product line for cycling and outdoor use posted sales of about 7.4 billion won, up about 58% from a year earlier. The industrial-site product line recorded sales of about 3.1 billion won, an increase of 28%.